- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

China’s Tencent takes stake in UK digital bank

The investment in Monzo is part of an additional $ 100 million investment.

Lloyds to take minority stake in banking loyalty app Bink

Britain's biggest high street lender will follow Barclays in becoming a shareholder in Bink, a loyalty app launched in 2015, Sky News understands.

How can female leaders in fintech pave the way for the next generation of women?

This shows that fintech is still not an industry where women can feel welcome and safe enough to progress.

Paysend, Tencent Collaborate on Cross-Border Payments

This new partnership with Tencent Financial Technology expands acceptance of Paysend transfers to Weixin users, and underlines our ambition to use the most advanced technology to make payments faster and easier for millions of people around the world.

2021: Best year ever for UK tech sector with £26bn in VC, 116 unicorns, record London listings and more jobs

Regional growth took place against the backdrop of an incredible year for the UK tech industry.

The impact of the EU digital initiatives on the creation, exploitation of and access to digital rights and assets

Regulators across the globe are currently developing strategies to address the challenges of the digital economy.

Tink completes acquisition

FinTecSystems will continue to function as an independent, regulated company in Germany.

Enel teams up with Intesa Sanpaolo

When the deal is complete, at the end of the second quarter next year, Enel will sell its own financial service business in Italy to Mooney for €140 million, building scale in an industry that has grown during the COVID-19 pandemic.

How banks are improving customer experience without compromising on risk

The result is a change in the relationship between banks and consumers and new challenges for managing financial risk.

SS&C takes stake in Equiniti and AST

The combination of Equiniti and AST's businesses expects to create a leading international provider of mission-critical shareholder and other complex regulatory technology to meet the evolving needs of its customers, employees, and other stakeholders

FNZ completes the sale of GBST

This will provide FNZ with the opportunity to expand its product and service offering to both existing and future clients and accelerate the growth and reach of its global capabilities in listed securities trading and post-trade processing.

SMEs need urgent action from banks on digitalisation

The pandemic highlighted how much was lacking in digital banking facilities provided to SMEs

Praemium sells UK and international arm to Morningstar

Advisers and the investors we jointly serve are no exception, and Praemium’s digital-first capabilities will allow us to reduce friction, lower costs, provide more choice, and improve efficiency for advisers.

Poland's largest bank chooses SS&C

Poland's largest bank implements SS&C Algorithmics' Fundamental Review of the Trading Book solution

Hargreaves Lansdown partners with Door to digitise its fund manager due diligence process

From December 2021, it will be using Door to streamline and optimise its information gathering and due diligence assessments on asset managers and their investment products.

Fintech’s biggest hires and departures of 2021

A rundown of some of the most significant appointments and departures in 2021.

VTB Bank introduces AI to speed up client services

The potential of the technology is there will be an increase to 40-50% of the share of requests, the processing of which can be automated and thus accelerated several times - from 50 to 90%, depending on the specific business case.

Monese acquires freelance service provider

This partnership brings together two European fintech companies with a shared vision for the future of financial services and a deep passion for engineering excellence in product development.

Lloyds on-site technology deemed “not fit for purpose” in leaked video

In the video, Williams can be heard commenting on their ‘on-premise’ software(software not on the cloud), stating: “The bottom line is our prem [premises] capability today is not fit for purpose.

Barclays engages HPE to deliver private cloud platform

Barclays’ will only pay for the resources it consumes, with the option to reserve workloads and run them on-demand.

FinTech